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Gevo closes $68M Green Bond to finance RNG project

Green Car Congress

has closed a $68,155,000 “Green Bond” private activity bonds offering to finance the construction of its renewable natural gas (RNG) project in Northwest Iowa. million in reimbursement for development, long lead equipment, and financing costs incurred during the development period upon closing of the Green Bond Offering.

Financing 334
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Audi introduces R33 Blue Gasoline for factory fills in Germany

Green Car Congress

Audi plants’ filling stations transitioned to R33 Blue Diesel ( earlier post ) last year; Audi has now introduced the gasoline counterpart, R33 Blue Gasoline. R33 Blue Gasoline and R33 Blue Diesel consist of one-third renewable components, based exclusively on residual and waste materials. The remaining 67% is made up of fossil fuel.

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Aemetis selects Worley to provide engineering for ‘Carbon Zero 1’ renewable jet and diesel production plant

Green Car Congress

Aemetis awarded an engineering services contract to Worley for the Aemetis ‘Carbon Zero’ renewable jet and diesel plant in Riverbank, California. The Aemetis Carbon Zero renewable jet and diesel project is designed to hydrotreat renewable oils with hydrogen from orchard and forest wood waste. Earlier post.)

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SEAT launches all-new Leon; gasoline, diesel, CNG, mild-hybrid, plug-in hybrid; €1.1B investment

Green Car Congress

The new-generation compact car benefits from gasoline (TSI); diesel (TDI); compressed natural gas (TGI); mild-hybrid (eTSI) and plug-in hybrid (eHybrid) units. The new Leon’s offer of standard gasoline engines are all direct-injection, turbocharged units and provide power outputs between 66kW/90PS and 140kW/190PS. liter TDI units.

Plug-in 243
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Westport Launches First Global Carbon Finance Program for Transportation Registered to the Voluntary Carbon Standard

Green Car Congress

The Westport Carbon Project (WCP) is in the process of being registered with the Voluntary Carbon Market Standard (VCS) and will be the first VCS transport project and one of the largest voluntary carbon market projects worldwide. Grütter Consulting is a leading advisory firm on carbon finance and transport with activities worldwide.

Financing 199
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ClearFlame Engine Technologies completes on-road demo of Class 8 truck with Cummins X15 running E98 ethanol

Green Car Congress

ClearFlame Engine Technologies, a a startup developing net-zero engine technology ( earlier post ), successfully completed an on-road demonstration of its proprietary technology that enables a heavy-duty truck diesel engine to operate on low-carbon and carbon-negative fuels, including 100% renewable plant-based fuels.

Engine 334
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California Governor signs two bills to strengthen emission standard for trucks; Executive Order leverages $700B portfolio to strengthen climate resiliency

Green Car Congress

California Governor Gavin Newsom signed two bills to strengthen emission standards for trucks, semis and other high-pollution vehicles. Medium and heavy-duty diesel trucks make up only four percent of the 28.2

Climate 191